- Savings Accounts
Become a member of the Anderson Federal Credit Union family by opening a savings account with just a $5 deposit. As a member-owned, not-for-profit financial institution, this account serves as your "share of ownership" in the credit union.
- No monthly service fee
- Minimum balance is only $5.00
- 6 (six) free withdrawals per quarter
- Balances above $100 earn quarterly dividends
- ATM cards are available or you will have access through your Debit Card if you have an AFCU Checking Account
- Christmas Clubs
Save for Christmas throughout the year with a Christmas Club account. Deposits can be made using direct deposit/payroll deduction or you can choose to make your own. Funds are transferred to your savings account at the beginning of October each year.
- Certificates of Deposit
Open a federally insured certificates of deposit with only a $500 investment. Terms range from 90 days up to 30 months. A special option with our 6 month certificate is that you can add money to it at any time during the term.
- Money Market Accounts
Watch your money grow with a Money Market Account. The initial deposit is only $1,000 and the higher your balance, the higher your dividend rate. You can make up to six (6) free withdrawals per month and the checks are free.
- IRAs (Individual Retirement Accounts)
Traditional or Roth IRAs: Use these IRAs to supplement your retirement earnings. The initial opening deposit is only $500 and terms range from 12 to 48 months. Education IRAs: Save for your child’s future education.
Checking and Electronic Services
- No Minimum Balance required
- Earns dividends on balances above $100
- Free Visa Debit Card
- Free Online, Mobile or Phone Banking
- 25% Rate Discount on Consumer Loans
- .10% Rate Increase on Share Certificates
- $1 discount on Amstar Movie Tickets
- Free Paper Statements
- Debit AdvantageTM – Buyer’s Protection & Extended WarrantyBuyer’s Protection covers items for 90 days from the date of purchase against accidental breakage, ﬁre, or theft. Extended Warranty extends the U.S. manufacturer’s original written warranty up to one full year on most new retail purchases if the warranty is less than ﬁve years. (Item(s) must be purchased entirely with eligible account)
- Cellular Telephone Protection2 Cell phones are part of our daily lives. Replacing them if they are stolen or damaged can be costly. As an eligible account holder you can receive up to $300 of Cellular Telephone Coverage to reimburse the cost of replacing or repairing your device. This valuable protection covers you whether you are at home or abroad. (Cellular telephone bill must be paid using eligible account)
In addition, you, your joint account holders and eligible family members1 will have access to IDProtect®, an Identity Theft Monitoring and Resolution Service1.
-Up to $10,000 Identity Theft Expense Reimbursement Coverage2 for expenses associated with restoring your identity.
-Fully Managed Identity Theft Resolution Services – access to a dedicated fraud specialist assigned to manage your case until your identity is restored.
-Debit and Credit Card Registration (Registration/activation required.)
-Credit File Monitoring3– daily credit file monitoring and automated alerts of key changes to your Experian, Equifax and TransUnion credit reports (Registration/activation required.)
-3-in-1 Credit Report – request a new 3-in-1 report every 90 days or upon receipt of a credit alert (Registration/activation required.)
-Credit Score – receive a new single bureau credit score with every new credit report (Registration/activation required). Credit Score is a VantageScore 3.0 based on Equifax data. Third parties may use a different VantageScore or a different type of credit score to assess your creditworthiness.
-Total Identity Monitoring – monitoring of over 1,000 databases. (Registration/activation required.)
-Online Identity Theft News Center and Valuable Phone and Web Resources (Registration/activation required.)
1 IDProtect service is a personal identity theft protection service available to personal checking account owner(s), their joint account owners and their eligible family members. The service is available to non-publicly traded businesses and their business owner(s) listed on the account and their eligible family members (service not available to employees or authorized signers who are not owners). Service is not available to a “signer” on the account who is not an account owner. Service is not available to clubs, organizations and/or churches and their members, schools and their employees/students. For revocable grantor trusts, the service is available only when a grantor is serving as a trustee and covers the grantor trustee(s) and their eligible family members. For all other ﬁduciary accounts, the service covers the beneﬁciary, who must be the primary member, and their eligible family members (Fiduciary is not covered). Family includes: Spouse, persons qualifying as domestic partner, and children under 25 years of age and parent(s) of the account holder who are residents of the same household.
2 Special Insurance Program Notes: The descriptions herein are summaries only. They do not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Insurance is offered through the company named on the certiﬁcate of insurance. Refer to Insurance Documents for complete details of coverage. Insurance products are not insured by NCUA or any Federal Government Agency; not a deposit of or guaranteed by the credit union or any credit union afﬁliate.
3 Credit ﬁle monitoring from Experian and TransUnion will take several days to begin following activation.
$6.00 Monthly Fee
(This fee does not apply to members under age 25 or over age 65.*When you reach the age 25, the Secure Checking monthly service charge of $6.00 will automatically begin to be deducted from this account. )
Free Electronic Services
Register for free, unlimited online access to your account. Click on the Log In tab located at the top of our home page. Choose Enroll. You will enter your Member Account Number, which is your SAVINGS account number. Your CALL 24 PIN is the last four digits of the primary owner’s Social Security number unless you changed it when using CALL 24.
Access your account using any web-enabled mobile phone. After you have registered for Online Banking, use the Login Tab to select Mobile Money App.
Bill Pay Services*
Pay your bills online each month with free Bill Pay Services from CheckFree.
*You must have a checking account and be a registered online banking account user.
Electronic statements are free; however, there is a charge for paper statements unless you have a Secure Checking Account.
After you have registered for Online Banking, login and locate the Online Statement link. You can find this by clicking any of your accounts.
Remote Deposit Coming Soon!
Loans & Credit Cards
- Auto Loans 1
Let us put you in the driver’s seat with an AFCU Auto Loan.
- Financing: We’ll finance up to 100% of the NADA retail value of the vehicle or the purchase price, whichever is less.
- Rate: Your annual percentage rate will be based on an evaluation of your credit and the age of the vehicle. Rate discounts may apply if you have a Secure Checking Account.
- Refinancing: Looking for a lower loan rate? Refinance at AFCU.
- Boats/Cycle/RV Loans 1
Lake? Open Road? Turn to an AFCU Recreational Loan to get you moving!
- Personal Loans 1
Unexpected expenses? AFCU Personal Loans of up to $5,000 can get you cash when you need it most. Or, a Share Secured Loan allows you to use your savings to secure a personal loan for the lowest rate possible without depleting the funds in your savings account.
- Credit Cards 1
Choose an AFCU Visa Platinum or Visa Classic credit card with credit lines up to $15,000. Unlike many credit cards, rates for purchases and cash advances are the same so you’ll have access to your own personal line of credit.
- Other Loan Services 1
Loan Referral Program: Introduce your friends and family to an AFCU loan and we’ll reward you BOTH with some extra cash in your pocket when the loan closes. 1
Cash Rewards for Loan Referrals:
Cash Rewards to Borrower
Cash Rewards to You
|$5,000 - $9,999||$50||$25|
|$10,000 - $19,999||$75||$40|
- Used Vehicle Values: Loan officers are available to give you the NADA value of used vehicle to assist you in purchasing a vehicle at a fair price.
- AFCU Payment Protection 2 is a voluntary loan payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected event happens to you.
It will cancel or reduce repayment of your loan debt—helping to lessen your worries, and your family’s worries, about paying loans during a time when your income may be reduced or loan and paying other household bills becomes challenging.
Protected events include:
- Loss of life, including those caused by acts of war
- Disability, including those caused by acts of war
- Involuntary unemployment
1 AFCU is an equal opportunity lender. All loans are subject to credit approval. Individual borrower’s rates may vary based on our evaluation of individual creditworthiness.
2 Your purchase of Anderson Federal Credit Union Payment Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Anderson Federal Credit Union Payment Protection.
- Auto Warranties
Reasonably priced mechanical warranties can be purchased for most new and used vehicles financed at the credit union.
- GAP (Guaranteed Asset Protection)
If your vehicle is stolen, accidentally damaged beyond repair, or otherwise declared an insured total loss, our auto insurance will only cover the replacement value. This means you remain liable for payment of the difference between the insurance settlement and your loan balance. Members Choice GAP Protection is an affordable way to pay for this gap. For just a few dollars a month, you can protect yourself against this kind of unexpected expense.
Giving your child basic money management skills is a gift that will impact the rest of their life.
- T.A.D.S Club*
Introduce your child to good savings habits with the Toadly Awesome Dollar Savers (T.A.D.S) Club. Children ages 10 and under can join the club by opening a savings account. AFCU will make the $5.00 opening deposit and quarterly dividends are paid on balances above $100. T.A.D.S Club Members get prizes when they open an account and a T.A.D.S pad stamp each time they make a deposit.
- Youth Certificate*
Open a Youth Certificate Account to earn higher dividends and save for long term goals like a first time car. This 12 month certificate is available to members under the age of 18. The minimum opening deposit is only $100 and you can make deposits anytime.
*Restrictions on the T.A.D.S Club and the Youth Certificate prevent minors from making withdrawals, unless the custodian on the account is present until the age of 18. Ask an employee for more information.
- Coverdell Educational Savings Account (ESA)**
Preparing for your child's education can be a financial challenge. Using a Coverdell Educational Savings Account (ESA) is an easy way to secure your child's education. Deposits made to this account grow tax free* if distributions are used for qualified educational expenses. This includes tuition, fees, books, supplies, equipment, and in some cases, room and board and computers. Coverdell ESAs can also be used to pay for qualified elementary and secondary education expenses too.
**This is not intended as tax advice. Please consult a tax professional.
- Student Checking*
Teach your student how to manage a checking account using an AFCU Student Checking Account. This free checking account is available to full time students between the ages of 15 and 21.
*Proof of student enrollment is required annually and certain restrictions may apply.